Tenanted Commercial 152m² Building At Huge Yield

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

ONLINE AUCTION

Bidding Start Time: Wednesday 29 January 2025 @ 09:00

Bidding End Time: Thursday 30 January 2025 @ 14:30

Registration is essential by Monday 27 January 2025.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

• Perfectly positioned 152m² commercial building generating ±R219,084 per annum
• Currently running as supermarket
• Municipal valuation is R980,000
• Possible to add more floors above

DETAILS:

• Erf no:  29382, Mitchells Plain
• Erf size:  152m²
• Rates:  ±R1,380.61 per month
• Zoning:  General Business 6

Web Ref:  730931

Transfer Duty Applicable

Payment Terms:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Sanjeev Boyjoonauth | 066 054 2211 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]